PROGRAM RATES
STANDARD (default)
Term* | July 2019 – December 2020 | December 2020 – December 2023 | December 2023 – December 2025 |
Competitive Supplier | Public Power | NextEra | Dynegy |
All Rate Classes | $0.11047 / kWh | $0.10409 / kWh | $0.15988 / kWh |
Renewable Content | 100% (Offset*** by National Wind RECs) | 100% National Wind RECs | MA Req + 25% MA Class I RECs |
OPTIONAL
Term* | July 2019 – December 2020 | December 2020 – December 2023 | December 2023 – December 2025 |
Competitive Supplier | Public Power | NextEra | Dynegy |
All Rate Classes | N/A | N/A | $0.17960 / kWh |
Renewable Content | N/A | N/A | 100% MA Class I RECs** |
*Term begins and ends on the days of the month that your meter is read in your service area.
Rate includes (1) Consultant Fee of $0.001 per kWh to facilitate the Program and (2) Operational Adder of $0.001 per kWh to fund personnel costs associated with Town’s Sustainability Coordinator position.
**The % of additional MA Class I RECs purchased each year is inversely related to the MA Req. As the MA Req % increases each year the purchase of additional MA Class I RECs decreases accordingly thereby maintaining a total of 100% MA Class I RECs throughout the contract term.
***Offset percentage varies based on annual RPS. Offset percentages were 78% in 2017, 76% in 2018, 75% in 2019 and 72% in 2020.
At the end of each term a new rate and term will be determined. It may or may not be with the same supplier. With each subsequent supplier/rate/term change, all consumers who were previously in the Program will remain in the Program.
Rate may increase as a result of a change in law that results in a direct, material increase in costs during the term of the contract.